Innovest provides fulfillment services for over 10,000,000 documents annually.

Every year, Innovest processes over 6,000,000 payments.

Innovest has converted clients off virtually every legacy trust platform--Charlotte, AddVantage, Global Plus, FIS Metavante, SEI--and most of the smaller providers, as well. Any Innovest client will tell you how much better life is on a modern-era platform.

Like the U.S. Supreme Court, Innovest leverages the expertise and resources of CenturyLink Technology Solutions, a recognized leader in hosting. Innovest relies on CenturyLink Technology Solutions to deliver its state-of-the-art Software as a Service solution.

InnoVue, used by Innovest's clients to provide end-customers with account information such as holdings, recent activity, statements and investment performance, can be accessed by PC, Mac, iPhone, iPad, Kindle, Android phones and tablets, and all major web browsers.

FinTech, a wholly owned subsidiary of Innovest, executed over 93 million equity shares last year.

All of Innovest's customer support and information technology staff are based in the US.

When implementing new clients, Innovest converts history from legacy systems and makes it "live and searchable" allowing clients to embrace their future without losing their past.

>$500,000,
000,000

Market value of all assets administered on InnoTrust's platform, making it one of the largest trust and wealth management systems.

Paul Souza Joins Administrative Systems Inc as Chief Financial Officer

Sacramento, CA, January 25, 2012 – Administrative Systems Inc (ASI), a leading provider of benefit disbursement and tax reporting software, announced today that Paul Souza has joined the company as Chief Financial Officer. He will oversee all finance related activities, including the company's corporate finance, accounting and human resources functions and will report to Robert Hickman, ASI's President and CEO.

Administrative Systems Inc (ASI), a leading provider of benefit disbursement and tax reporting software, announced today that Paul Souza has joined the company as Chief Financial Officer. He will oversee all finance related activities, including the company's corporate finance, accounting and human resources functions and will report to Robert Hickman, ASI's President and CEO.

"We are fortunate to add someone of Paul's experience to our company, " said Mr. Hickman. "His leadership skills and experience with both enterprise software and financial services companies makes him a great fit for ASI, as does his background in helping growing companies create the systems and processes necessary to support profitable growth in the future. As our company continues to grow, Paul's talents will be critical to our success."

Bluff Point Associates, a private equity firm, recently acquired and continues to invest in ASI to help accelerate the company's market share and revenue growth. In his new role, Mr. Souza will be a key member of the executive staff and will help define the company's growth strategy and put in place the financial systems and processes needed to achieve those goals. In addition, he will continuously evaluate ASI's short and long-term strategic financial objectives while identifying ways to enhance financial performance and business opportunities.

"I am excited to be joining ASI's management team," said Mr. Souza. "With the Bluff Point investment we have the capital we need to grow profitably, and this is a chance to be a part of building a new foundation for the company so that we can achieve sustainable growth year after year."

About ASI

For nearly 40 years, Administrative Systems Inc (ASI) has been the leading provider of retirement plan benefit disbursements, tax reporting, document printing and other related services for some of the nation's largest banks, trusts and pension funds. ASI's solutions feature superior functionality, cost efficiency and unrivaled customer service. For information visit www.asipay.com.

Html->media_contact('Jim Peterson'); ?>